Senior citizen loses RM218,000 to crypto scam

A 65-year-old Kuantan businessman lost RM218,239.24 after falling victim to a fake cryptocurrency investment scheme advertised on Facebook in July.

Victim joins WhatsApp group, makes 53 transactions

After finding the offer on Facebook, the victim joined a WhatsApp group and was instructed to invest through the Uphold application, which displayed fake profits.

Account frozen, victim asked for tax payment

On August 20, the victim's Uphold account was frozen and he was asked to pay RM30,000 as tax to unlock it, but he never received promised returns.

“the victim did not receive any returns as promised and was unable to withdraw the money”

Police investigate under fraud charges

Pahang police are investigating the case under Section 420 of the Penal Code, which covers fraud and dishonesty offences.

Police warn public about high-return offers

Acting Pahang police chief Datuk Azry Akmar Ayob warned the public to be wary of investment offers promising high returns within short periods, especially via social media.

Verify accounts using Semak Mule platform

Police advise checking account and telephone numbers through the Semak Mule platform before making financial transactions to verify legitimacy.

Report scams to NSRC or police immediately

Victims should contact the National Scam Response Centre at 997 or file a police report if they suspect they have fallen victim to a scam.